Direct Tax Services
Select Your Location
Today, with the rise of e-commerce, we see a number of things requiring transport from one place to another. In many cases, the items are fragile and require special tools and equipment that hold the item well without giving any damage during the transit. In a recent while, the air bubble packaging film industry has gained greater importance due to its large requirements. Air bubble packaging wrapper is one of the safest means through which items can be packed without any danger of the damage.
Air bubble packaging has gained greater importance in the packaging field; it’s the most convenient and economical means to give soft cushioning to the material inside the packaging. There are varieties of cushioning materials available in different forms, but the air bubble is the most suitable and most convenient means. Conventionally, wood excelsior and shredded papers were used to provide cushioning to items. Now, the corrugated pads have replaced the system. It improves the overall function of cushioning and offers safer means to transport without occurring any damages to the packaged items.
Table of Contents
The current generation relies more on shopping online than in physical stores. Hence the new packaging business is the hottest cool for younger entrepreneurs who want to start the business in the packaging industry. Packaging applications are used for varieties of things including the use of swimming pools as the pool cover.
If you are confused about which form of business to go for like Sole Proprietorship, One Person Company, Limited Liability Partnership, Private Limited Company Registration, Public Limited Company Cooperative Organization, Joint Hindu Family Business or more, consider factors like- Business nature, scale of operations, Capital Requirement and Degree of control to make an optimal choice.
The overall market potential for any industry in India is high because of the growing industries that are still in premature stages. There is a high potential for expansion of the business. The packaging industry market in India stands at an estimated Rs 11,500 crores. The rate of growth is 18 percent annually, which is good news for industrial giants who have already made their mark in this industry.
Also, Read: How to Start a Profitable Small Business in India.
The younger generation of Indians shops online and they do so on a regular basis. Most people do online gifting by buying online and expect a suitable packaging for items. The gift items require attractive packaging hence the Indian consumer behavior has a direct effect on the packaging industry. Companies that manufacture the products sell it with the premise of promising attractive package because that is what sells in the market.
When planning to set up an air bubble packaging wrapper business, it is imperative to ensure certain legal compliances.
Some of these are-
For starting the business, you will need a Polycell bubble sheet-making machine. With the machine, you can start producing air bubble sheets. One needs LDPE granules as raw materials to start making air bubble sheets. There are several other forms to procure air bubble film extrusion line, air bubble film laminated line, air bubble fills extrusion machine, air bubble film foil lamination machine, air bubble film package machine and so on.
The manufacturing process requires 373 KW of power supply approximately; you will also require water for running your system since it’s a cooling system.
For starting the Air bubble sheet making business in India, one needs to register the company with ROC. After registration, they give a trade license, after this, you can apply for GST registration. There are no harmful effluents from this trade, but you can still obtain a NOC from the state pollution control board. Trademark registration can protect the brand name.
The air bubble packaging wrapper industry is still in its nascent stages, and there is enormous potential for Indian markets to grow. This will pave the way for the packaging industry as well; young entrepreneurs will be limited budgets or want to create their business can surely look forward to understanding the market and design the whole plan. There are different areas of application that one may choose or keep them all under their manufacturing limits. Air bubble LDPE film is an excellent water-resistant material and has high dielectric properties. It gives easy and economical packaging for the industrial units using it.
Our Trending Post: Startup India Registration Process – The Complete Guide.
Experienced Finance and Legal Professional with 12+ Years of Experience in Legal, Finance, Fintech, Blockchain, and Revenue Management.
Many investors use fixed deposits as their primary investment vehicle. Investors with a high-ri...
The main idea of CDS, which was initially to give banks a way to transfer credit exposure, has...
Black money has been the subject of heated political debate in India for a long time. Successiv...
The Apex Court pronounced a judgement in the case titled Tata Motors Vs The Brihan Mumbai Elect...
Since economies are moving towards digitalisation and making it feasible to conduct transaction...
The Alternative Investment Funds (AIFs) Pro-rata and Pari-Passu Rights Proposal Consultation Pa...
The Financial Action Task Force, i.e. FATF (the Force), is the global money laundering and terr...
Advance tax refers to the payment of the tax liability before the end of the relevant financia...
On 11.12.15, the Hon’ble Delhi High Court (HC) pronounced a landmark judgement in the case ti...
Money laundering can be defined as the process of illegal concealment of the origin of money ob...
Are you human?: 6 + 4 =
Easy Payment Options Available No Spam. No Sharing. 100% Confidentiality
To facilitate the procurement of goods and services online Government of India has started E-marketplace known as G...
29 Mar, 2018
How to Start Bridal Store Business in India? India is known for its big fat Indian weddings, the market here for we...
12 Jun, 2018
Red Herring Top 100 Asia enlists outstanding entrepreneurs and promising companies. It selects the award winners from approximately 2000 privately financed companies each year in the Asia. Since 1996, Red Herring has kept tabs on these up-and-comers. Red Herring editors were among the first to recognize that companies such as Google, Facebook, Kakao, Alibaba, Twitter, Rakuten, Salesforce.com, Xiaomi and YouTube would change the way we live and work.
Researchers have found out that organization using new technologies in their accounting and tax have better productivity as compared to those using the traditional methods. Complying with the recent technological trends in the accounting industry, Enterslice was formed to focus on the emerging start up companies and bring innovation in their traditional Chartered Accountants & Legal profession services, disrupt traditional Chartered Accountants practice mechanism & Lawyers.
Stay updated with all the latest legal updates. Just enter your email address and subscribe for free!
Chat on Whatsapp
Hey I'm Suman. Let's Talk!